Identify three statements that are true for a supplier’s bank details.

Identify three statements that are true for a supplier’s bank details.

A.
Suppliers maintain their Bank details.

B.
Bank details are required only for manual check payments.

C.
Bank accounts can be added at any time for a supplier or supplier site.

D.
Accounts Payables use bank account information to generate an electronic payment for a

supplier.

E.
Updating bank accounts for a supplier will NOT affect bank accounts for existing supplier sites.

Explanation:
D (not A, not B): You can enter information for bank accounts for which your
supplier is the account holder. You then assign these accounts to the supplier and its sites.
Payables uses this bank information when you create electronic payments for your suppliers.
Note: Prerequisite
Define the suppliers and supplier sites that use the bank account to receive electronic payments.
Defining Supplier Bank Accounts